eBay seller issues warning to anyone who uses the | European Markets

An skilled eBay vendor has shared a warning to all sellers on the online public sale platform, following a shift in phrases and situations that took impact earlier this week (February 4).

“Big, big changes are coming and I don’t think they’re very good – certainly not for the sellers,” started Biz Nest, a TikTok person and eBay non-public vendor, in a video on Monday. “From February 4, you will not get paid for your items until two days after the customer has received them,” he warned.

Certainly, all sellers have been first alerted to the change back in December 2024, by way of an informative e mail which acknowledged: “We are making changes to the way we process payments on eBay. Going forward, we’ll make your funds available for payout within 48 hours after we’ve confirmed delivery of the item. Until then, you’ll see a ‘hold’ on your funds. This process helps keep our marketplace safe.”

Biz Nest went on to elucidate that beforehand, he would obtain funds a day after they’d been made by the patrons. “Now we have to wait, so my advice to you is to do everything via a quicker track service – I’ll be using Royal Mail’s 48-hour service for all my items.”

The latest adjustments to eBay’s cost and repair charges are set to increase prices for each patrons and sellers, as detailed by Biz Nest. The online market is introducing an further charge of 70p plus 4% on each order, which is meant for use by the company to boost customer support.

Biz Nest shared his strategy, saying: “Personally I’m going to keep all my prices the same, but changing all the delivery prices and see how it effects sales.” He additionally suggested different sellers, noting: “If I see a downturn in sales then I’ll look at my profit margin and maybe reduce my prices slightly. But it’s something for you all to bear in mind.”

The response to the replace has been diverse, with one person commenting: “Really doesn’t bother me, I don’t have cash flow issues. I also don’t bother withdrawing funds from account as its effect, would be nice for it to be automatic.”

One other advised others ought to embrace the change: “Good, start paying taxes and be a business account – listing fee, business monthly fee, final sale fee and postage fee… welcome to eBay.” While a third praised the transfer: “This is great news for proper eBay sellers.”

Nevertheless, not everybody gave the impression to be happy, as one particular person claimed: “There will be loads of scams withholding money by complaints to eBay before release.” A second individual slammed the platform: “All the changes and moving of ‘goal posts’ which if you want to continue you have to accept, is not what I signed up for.

“What number of will obtain an e mail perhaps a few days earlier than ‘funds are launched’ saying we need ‘xyz’ to confirm your account and keep your funds on maintain for a longer period or indefinitely in the event you can’t present? Not forgetting that many simply promote to get funds in fast for an sudden invoice or to help with the payments which are escalating on this financial system and by holding of funds, this may impede.”

Meanwhile, a third person pondered: “Think about… a purchaser receiving an merchandise shall we say in a week… that’s 7 plus 2… 9 days… (discounting weekends) and that purchaser after utilizing that merchandise for a day or so, or deciding that they’ve modified their thoughts or one thing else, opens a case the day previous to your funds supposedly being launched? That are then put on maintain for a additional 10 days or so to ‘type out’?”

“There’s no planning control for the vendor on their own funds or account…You actually are within the palms of AI (I do consider that is what shall be used) and the postal service which is taking longer and longer within the system.”

eBay has been approached for remark.